Agriculture is one of the most important economic activities in Thailand’s economy, employing about one-third of the country’s workforce. Thailand is also the world’s largest exporter of tapioca products, rubber, canned tuna, and canned pineapple.
According to data from Statista, the gross production value of Thailand’s agricultural market is projected to reach $28.93 billion in 2024, with an expected annual growth rate of 0.21% (CAGR 2024-2029), leading to a gross production value of $29.24 billion by 2029.
Thailand’s agriculture is diverse, encompassing both traditional methods and modern, technology-driven techniques. Traditional farming practices, including the use of manual tools and crop rotation, are common in rural communities. This type of agriculture, centered around crops like rice and maize, relies on the rainy season and small-scale, family-focused operations aimed at soil sustainability.
Ref: Thailand Business News
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